Common use of Transition Support and Allowances Clause in Contracts

Transition Support and Allowances. The Company shall pay for the following expenses, allowances and benefits through the Assignment Term. Such allowances and benefits shall not be considered for purpose of any calculations under the Company’s benefit plans. All of the benefits provided in this Addendum are inclusive of a Representation Allowance of CHF 100,000. (a) Work Permits/Visas. The Company will assist in obtaining the proper work permits and/or visas necessary for the provision of services in Switzerland and reimburse the Executive for any work permit/visa, passport and immigration expenses, including expenses for dependents of the Executives relocating or intending to relocate to Switzerland.

Transition Support and Allowances. The Company shall pay for the following expenses, allowances and benefits through the Initial Assignment Term. Such allowances and benefits shall not be considered for purpose of any calculations under the Company’s benefit plans. All of the benefits provided in this Addendum are inclusive of a Representation Allowance of CHF 100,000. (a) Work Permits/Visas. The Company will assist in obtaining the proper work permits and/or visas necessary for the provision of services in Switzerland and reimburse the Executive for any work permit/visa, passport and immigration expenses, including expenses for dependents of the Executives relocating or intending to relocate to Switzerland.